Emeritus Singaporean: July 5, 2013 at 5:48 am (Quote) The - TopicsExpress

Emeritus Singaporean: July 5, 2013 at 5:48 am (Quote) The Governments of the Four Asian Tiger or Dragon economies are too proud to learn from the experiences of Switzerland’s watch industry that had faced extinction with the coming of the cheap digital watches from Japan. Switzerland reinvented herself and her watch industry, and recovered from her shell shocked position to revive her watch industry and made it even stronger. The Swiss watch industry now offer watches at different levels of pricing, and even launch discreet marketing campaigns to reinforce the various niche positions of her products. Switzerland did not have to sacrifice her high standards of living that included high wages for her workers, who did not have to suffer painful wage cuts to compete with Asian workers manufacturing cheap electronic digital watches. Instead, the Swiss reinvented themselves, retooled and remodeled the way they design, manufacture and market their products and their reputation. The Swiss did not have to import cheap labor to compete with the Asian manufacturers. Neither did the Swiss Government force the Swiss Citizens to sacrifice any of their Citizen’s Freedom and Citizen’s Rights so as to allow the Government a free hand to decide expediently on all matters in response to external challenges. Instead, the Swiss tradition of political consultation between Government and Citizens were reinforced through regular REFERENDUM – as the handful of Ministers and Civil Servants forming the Swiss Government DO NOT regard themselves as being more intelligent and more talented than the SUM TOTAL INTELLIGENCE and TALENT of the Swiss Population. This is the difference between the Swiss model that helped them to survive and face adversity compared to the Asian model that give too much deference to those in Authority, who will take advantage of their positions to reinforce more power to themselves and make non-accountable and arbitrary decisions that affect everyone.

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